Aramco Plans Expansion Of Shaybah Oilfield

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Aramco Plans Expansion Of Shaybah Oilfield

Thursday, Apr 28, 2016

Saudi Aramco plans to complete the expansion of its Shaybah oilfield by the end of May, in a move to maintain its total production capacity, a report said.

Shaybah’s production capacity will rise to one million barrels a day from 750,000 barrels, said the Bloomberg report, citing sources.

With this, Aramco will be able to maintain its capacity at 12 million barrels a day, the report quoted the sources.

 

Source : tradearabia.com

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